Dhaka, Bangladesh (BBN)-Bangladesh’s stocks inched up on Tuesday, after experiencing high volatility throughout the session, as some optimistic investors went on late hours buying spree.
Both the Dhaka Stock Exchange, the prime bourse of Bangladesh and Chittagong Stock Exchange, the port city bourse of the country opened with a positive mood and the upbeat note sustain till end of the session.
The benchmark index of Dhaka Stock Exchange (DSE) advanced 10.26 points while the port city bourse, the selective category index of Chittagong Stock Exchange (CSE) earned 23.44 points at the closing.
DHAKA STOCK EXCHANGE:
The benchmark index of the Dhaka Stock Exchange (DSE) went up by 10.26 points or 0.23 per cent to settle at 4,453.89 points.
The DS30 index, comprising blue chips advanced 6.28 points or 0.37 per cent to close at 1,709.58 points.
The DSE Shariah Index (DSES) gained 2.65 points or 0.25 per cent to finish at 1,080.40 points.
However, trading activities fell to BDT 3.06 billion, which was 1.60 per cent lower than the previous day’s BDT 3.11 billion.
The gainers took a modest lead over the losers as out of 315 issues traded, 181 closed higher, 94 lower and 40 remained unchanged on the DSE trading floor.
LankaBangla Finance dominated the turnover chart with shares worth BDT 196 million changing hands followed by BSRM, United Power Generation & Distribution Company, CMC Kamal and Summit Power.
National Feed Mills was the day’s best performer, posting a rise of 7.65 per cent while Bangladesh Industrial Finance Company was the worst loser, slumping by 9.65 per cent.
CHITTAGONG STOCK EXCHANGE:
The port city bourse Chittagong Stock Exchange (CSE) closed higher with its Selective Categories Index, CSCX, advancing 23.44 points to finish at 8,329.28 points.
Gainers beat losers as 138 issues closed higher, 70 closed lower and 33 remained unchanged on the CSE.
The port city bourse traded 7.63 million shares and mutual fund units worth BDT above 222 million in turnover.